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islandboyz

10/19/05 8:53 PM

#178074 RE: ltesprit #178068

FWIW we did have a shareholder vote when we switched from GAAY to QBID. Since then we have not been included in any of the decisions so he may have did it at that point-there were several classes of shares voted in at that time. I don't have the paperwork anymore and it was pretty obvious that we would not have much say in the matter anyhow.

Franks kind of hard to understand but he does get the point across of what he his doing.

And you didn't say whether or not you heard that he was not including most of his preferred shares in the sale price and the proceeds would go to the shareholders. Which is us.

Aloha